Altcoin
Fantom Price Rallies 63% Shooting Past $1, Where’s FTM Going Next?
Fantom price has been on a roll with 60% gains on the weekly chart. Smart contract platform Fantom’s native cryptocurrency FTM gained another 10.69% in the last 24 hours, shooting past an important milestone of $1. Also, the daily trading volume has shot up by 68% to $1.4 billion showing strong bullish sentiment.
Fantom Price Rallies 63% Amid Surge in Active Addresses
Just within the last six days, Fantom price has witnessed a remarkable 63% surge along with a notable increase in daily active addresses on the network. This surge is being driven by growing FOMO (fear of missing out) as new traders join the platform.
According to blockchain analytics firm Santiment, these sharp spikes in utility and address activity are often indicative of market tops, as seen in previous trends. As daily active addresses eventually taper off, analysts suggest this could present a strong entry point for potential investors.
Santiment has advised traders to keep a watch on Fantom’s address activity for any signs of a trend reversal. It also advised the traders to asses the broader market sentiment before making fresh moves.
While the Bitcoin price correction has intensified in the last four days, altcoins have also followed suit. However, Fantom price surge over the past week has been defying the market trend.
Will FTM Rally to $15?
Fantom’s upcoming “Sonic” upgrade could significantly influence the FTM token’s future. Investors are keenly observing whether the technological advancements will enhance FTM’s appeal or struggle to maintain its recent momentum as 2024 comes to an end.
The main goal of the “Sonic” upgrade is that developers plan to boost Fantom’s position in the DeFi industry. At one point, during the 2021 bull run, the Fanton DeFi TVL surged all the way to $15. However, it has now dropped to the low of $320 million. The upgrade will help revive Fantom’s position in the DeFi market.
Market analysts continue to stay bullish about Fantom price for the expected 2025 bull run. Crypto market analyst Captain Faibik said that FTM has given a major breakout on the multi-year chart and could rally all the way to $15 i.e. 15x gains from here. As of press time, FTM price is trading at $1.05 with its market cap just short of $3 billion.
$FTM Last Buying Opportunity before the Bullrun 2024-25 !!
Accumulate some for the Long term before it’s too late.
Long term Target : 15$ ✍️#Crypto #FTM #Fantom #FTMUSDT pic.twitter.com/U74jHsiB04
— Captain Faibik 🐺 (@CryptoFaibik) November 27, 2024
In the short term, the next major resistance for Fantom (FTM) is at $1.20 breaking which, it can climb to subsequent targets of $1.62, $2.20, and $2.77.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
New Cryptocurrency 1900Rugrat Challenges CHILLGUY & PNUT Recent Price Action With Upcoming Listings
The competition in the meme coin market has reached new heights with the introduction of Rugrat (RUGRAT). Positioned as the next big disruptor, Rugrat (RUGRAT) is directly challenging the recent price actions of Chill Guy (CHILLGUY) and Peanut the Squirrel (PNUT). With upcoming exchange listings and a growing community, Rugrat (RUGRAT) is quickly becoming a favorite among crypto enthusiasts.
The Rise of RUGRAT
Launched as a community-driven meme coin, 1900Rugrat (RUGRAT) has already captured the attention of major investors. Its roadmap includes several exchange listings, which are expected to increase its accessibility and liquidity. Additionally, 1900Rugrat (RUGRAT)’s unique tokenomics, including its deflationary model, have set it apart from competitors.
Chill Guy (CHILLGUY) Under Pressure
Chill Guy (CHILLGUY), known for its viral mascot and explosive early growth, is facing its first major competition. Despite achieving a $461 million market cap, Chill Guy (CHILLGUY) has seen its momentum slow amid ongoing legal disputes over intellectual property. While its resilience remains impressive, the emergence of 1900Rugrat (RUGRAT) has diverted some investor attention.
Peanut the Squirrel (PNUT): Holding Steady
Peanut the Squirrel (PNUT) has been a dominant force in the meme coin space, with a market cap surpassing $1 billion. Its solid performance has made it a reliable choice for investors. However, the arrival of 1900Rugrat (RUGRAT) presents a new challenge, as investors begin to explore alternatives with higher growth potential.
1900Rugrat (RUGRAT)’s Upcoming Listings
The upcoming exchange listings for 1900Rugrat (RUGRAT) are anticipated to significantly boost its market presence. With listings on platforms like Raydium,1900Rugrat (RUGRAT) will gain exposure to a broader audience, enhancing its trading volume and market cap. These developments have positioned 1900Rugrat (RUGRAT) as a strong contender in the meme coin market.
Why RUGRAT Is Poised for Success
1900Rugrat (RUGRAT) offers several key advantages:
- Scalability: Built on a robust blockchain, 1900Rugrat (RUGRAT) ensures fast and low-cost transactions.
- Viral Marketing: The 1900Rugrat (RUGRAT) team has leveraged social media platforms to build hype and attract investors.
- Investor Confidence: Early adopters have reported substantial returns, driving further interest in the token.
Conclusion
1900Rugrat (RUGRAT) is rapidly making its mark in the cryptocurrency world, challenging established players like Chill Guy (CHILLGUY) and Peanut the Squirrel (PNUT). With its upcoming listings and innovative approach, 1900Rugrat (RUGRAT) is well-positioned to disrupt the market and generate significant returns for investors. As the race for dominance in the meme coin space continues, RUGRAT stands out as a token to watch.
For more information on 1900Rugrat (RUGRAT):
Visit 1900Rugrat (RUGRAT)
Join and become a community member:
Telegram: https://t.me/rugrat_1900rugrat
X/Twitter: https://x.com/1900rugrat_sol
Altcoin
GOAT Price At Risk? Truth Terminal Treasury’s Last Migration Sparks Concerns
In a riveting turn of events, investors are apprehensively eyeing Goatseus Maximus (GOAT) price as the token’s backer, Truth Terminal, announced its last treasury migration. The AI-based entity’s co-founder, Andy Ayrey, on Wednesday announced that the treasury’s last migration is now underway. In turn, market watchers remain apprehensive over the meme-inspired coin integrating AI technology despite its upside intraday movement.
Truth Terminal Announces Last Treasury Migration Raising Concerns Over GOAT
In an X post by Andy Ayrey dated November 27, the Truth Terminal co-founder notified that the firm’s last treasury migration is underway. Although the co-founder assured users of safety amid the funds transfer, market watchers remain apprehensive.
Notably, Andy added that all of the funds are being moved into a proper, globally distributed multisig address. The new TT address is ‘3xzTSh7KSFsnhzVvuGWXMmA3xaA89gCCM1MSS1Ga6ka6.’
Meanwhile, the co-founder previously announced that the ecosystem was performing a few security upgrades on the treasury. In line with this move, the last transfer commenced today. Also, Andy notified that “all balances will remain public and no trades, buys, and sells until we have a clear public statement on wallet governance!” Nevertheless, usual market sentiments express concerns for the meme coin in light of such a shift in treasury funds. However, it’s also noteworthy that the coin is known for offering investors gains.
How’s The Crypto Performing?
Despite market concerns, GOAT price traded in the green intraday, up nearly 13% to $0.8383. Its intraday low and high were $0.7362 and $0.8799, respectively. Notably, the token’s intraday trading volume soared 27% to $407.51 million. GOAT’s rising movement has in turn defied the broader market trend.
Simultaneously, Coinglass data indicated that Goatseus Maximus futures OI witnessed a 10% uptick to $252 million. Also, the derivatives volume soared 11% to $388 million. Overall, this data underscored significant market interest in the token despite Truth Terminal’s treasury funds migration. However, market watchers continue to eye the coin for further price action maneuvers ahead amid recent ecosystem developments.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
Binance Expands Support for SHIB, APE, HBAR, and More – Will This Spark a Rally?
Binance has expanded its trading offerings by adding new pairs and trading bots services for trending crypto. Binance Spot will launch pairs for crypto including Apecoin (APE), Hedera (HBAR), Book of Meme (BOME), and other key tokens. Also, Shiba Inu (SHIB) is part of the expansion to enhance liquidity and support for SHIB’s growing demand.
Binance Boosts SHIB, APE, HBAR, MEME and More Tokens
In an official Binance release dated November 27, Binance revealed that it is expanding the list of trading choices offered to users on the platform. The exchange will launch the trading pairs APE/USDC, BOME/EUR, EIGEN/USDC, HBAR/FDUSD, MEME/USDC, TROY/USDC, and WLD/EUR from Friday.
In addition to the new trading pairs, Binance will enable Trading Bots services for select pairs starting November 28. This includes Spot Algo Orders for APE/USDC, EIGEN/USDC, and HBAR/FDUSD, alongside Spot Grid and Spot DCA for SHIB/USDC and ZK/FDUSD. One of the leading cryptocurrency exchanges will also list additional pairs like 1MBABYDOGE/USDC, CETUS/USDC, COW/USDC, DYDX/USDC, HMSTR/USDC, and TURBO/USDC by November 29.
To further incentivize trading, Binance has announced a promotion for USDC trading pairs. Users can trade the newly listed USDC pairs and share a pool of 100,000 USDC, with zero fees on USDC spot trading during the promotion. This has drawn attention from both retail and institutional traders looking to capitalize on the zero-fee opportunity while exploring the new tokens available on Binance.
How Are The Coins Performing?
SHIB Inu (SHIB) price rose 4% in the last 24 hours, trading at $0.00002485. Analysts suggest Shiba Inu could go parabolic as two rare patterns emerge.
Whereas, HBAR price surged 8%, reaching $0.1397, with a 24-hour low of $0.12 and a high of $0.14. ApeCoin (APE) saw a 3% rise, trading at $1.26.
Meme coins like BOME and MEME gained 4% and 2%, trading at $0.008 and $0.013, respectively. EIGEN impressed with a 14% jump, trading at $3.48 after hitting a low of $3.00 and a high of $3.60. Coins like TROY, CETUS, COW, DYDX, HMSTR, and TURBO climbed 4–8%, reflecting broader market momentum.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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